Ohio has a relatively employer-friendly environment when it comes to employment law. However, if you are thinking about doing business or expanding a business in the Buckeye State, Vorys attorneys Mark Knueve and Natalie McLaughlin provided an overview of the employment issues companies can expect...
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Running payroll means staying on top of your employment tax responsibilities. In addition to withholding income and payroll taxes from employee wages, you must contribute employer taxes. Unlike some other taxes, state unemployment taxes do not have a standard rate. Read on to answer, What is my...
When looking through state and local minimum wage laws, you may see the term “living wage.” So, what is a living wage? A living wage is a state or local wage that’s higher than the minimum wage. Similar tocost of living, the living wage is the amount an employer would need to ...
As of May 2023, the median hourly wage in the U.S. is $22.26, and the mean hourly wage is $29.76. In the second quarter of 2023, the median weekly earnings of full-time workers were $1,100. According to one Pew Research study, middle-income earnings vary between $40,100 and $120...
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(2024) are too small to make definitive conclusions. However, as in many professions, there is a general correlation between specialized, in-depth skills (e.g., anesthesia, dentistry, clinical pathology) as a veterinary technician and one’s ability to secure employment and command higher ...
Is $15 an Hour Considered a Livable Wage? Raising the federal minimum wage to $15 an hour from $7.25 an hour still doesn't provide a livable wage to many low-income adults and families in certain locations. Earning $15 an hour at a full-time job would equate to approximately $31,200...
(TCJA)lessened the impact of the marriage penalty when it took effect in the 2018 tax year. It equalized tax rates for joint married returns with their single counterparts by doubling the income range of the single tax brackets for married couples filing jointly. This is true for all tax ...